Archive for the 'Collapse' Category
10 of Today’s Hottest Jobs: Proof That America Is Doomed
August 7th, 2011The largest number of jobs involve dealing with the failing health of old people. People who know about running spam email campaigns and financial scams are also in demand. Truck drivers, app designers for mobile phones, and TwitBook operators too… There is nothing here about designing or manufacturing any physical goods at all! The U.S. […]
GERMAN GOVERNMENT THINKS ITALY TOO BIG FOR EFSF TO SAVE
August 6th, 2011Via: NASDAQ: Germany’s government thinks Italy is too big for Europe’s rescue fund to save, Der Spiegel magazine reports in a preview of an article to be published Monday. The government doubts whether even tripling the size of the rescue fund, known as the European Financial Stability Facility, would enable it to save Italy because […]
ECB to Hold Sunday Conference Call on Crisis
August 6th, 2011Via: Reuters: The European Central Bank will hold a conference call on Sunday to discuss its response to the latest developments in the euro zone’s debt crisis, an ECB source said on Saturday.
G20 Deputies to Hold Crisis Call Saturday
August 6th, 2011Via: Reuters: Deputy finance ministers from the Group of 20 leading economic powers will hold a conference call on Saturday to discuss the crises in Europe and the United States, a Brazilian finance ministry official said. The official told Reuters the call was scheduled for 2230 GMT. “It will be an exchange of information and […]
China: “America Needs To Accept The Painful Fact That The Good Old Days Are Over”; Calls for International Supervision of Issuance of U.S. Dollars and the Creation of a Global Reserve Currency
August 6th, 2011One more time: I’d say that capital controls, some kind of IMF SDR (Special Drawing Rights) ‘Global Reserve’ confetti bucks, and a global financial crisis management organization, like the IMF on steroids are possible. At a minimum, states will try unilateral capital controls in an attempt to prevent their currencies from disorderly appreciation vs. the […]
Tepco Reports Second Deadly Radiation Reading at Fukushima Nuclear Plant
August 3rd, 2011Via: Bloomberg: Tokyo Electric Power Co. reported its second deadly radiation reading in as many days at its wrecked Fukushima nuclear plant north of Tokyo. The utility known as Tepco said yesterday it detected 5 sieverts of radiation per hour in the No. 1 reactor building. On Aug. 1 in another area it recorded radiation […]
Moody’s Confirms U.S. AAA Rating; Food Stamp Use Rises to Record
August 3rd, 2011Just a quick juxtaposition of two stories to demonstrate how absurd the kabuki theater has become. Moody’s Confirms U.S. AAA Rating, Assigns Negative Outlook Record Numbers Are Receiving Food Stamps
Internet Archivist Seeks One Copy of Every Book Ever Published
August 2nd, 2011Here’s one for your Svalbard Seed Vault Gives Me The Willies file folder. Via: AP: Tucked away in a small warehouse on a dead-end street, an Internet pioneer is building a bunker to protect an endangered species: the printed word. Brewster Kahle, 50, founded the nonprofit Internet Archive in 1996 to save a copy of […]
TEPCO: HIGHEST RADIATION YET DETECTED AT FUKUSHIMA DAI-ICHI
August 1st, 2011Via: Bloomberg: Tokyo Electric Power Co., operator of Japan’s crippled Fukushima Dai-Ichi nuclear plant, said it detected the highest radiation to date at the site. Geiger counters, used to detect radioactivity, registered more than 10 sieverts an hour, the highest reading the devices are able to record, Junichi Matsumoto, a general manager at the utility, […]
Android Tablet for Toddlers
August 1st, 2011Via: Engadget: When some of us were tots, there was one family computer, and we were lucky if we got our sticky little fingers on it while we were still in diapers. Times have changed, though, and for some parents, sharing the ‘ol iPad or 10.1 with curious babies just won’t do. Enter Rullingnet’s Vinci […]
